Published by news degree
Posted on August 3, 2021
The global Food Robotics market was valued at USD 1,463.7 Million in 2019 and is expected to reach USD 3,441.9 Million by the year 2027, at a CAGR of 11.5%. In the modern competitive business, the role of robots is becoming significant for industrial applications. The important factor for using robots in the industry aims at reducing human inference and to increase the productivity. The shortage of manpower led the global industry to use more robots and it enhanced the annual growth rate of robots globally. Robotic research have expanded the domestic industry, promoted the technological standard and the development of the small and medium manufacturers. The robot transformation in service sector has significantly increased business productivity and customer experience.
When looking into the food industry, the robots serve for much purpose, mainly in production systems for material handling and packaging operations. The evolution of robotic applications in food industry evolved and the growth was not effective due to high technology related costs. After realizing the consistency of robotic jobs, with improved efficiency and reduced workspace, food industry expanded the use of robots for various applications which resulted in high productivity. Based on the industry, robots can be divided into categories- Industrial, service and military robots, agricultural, mobile and telerobots.
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Some of the key market players are Mitsubishi Electric Corporation (Japan), ABB Group (Switzerland), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Incorporated (U.S.), and FANUC Corporation (Japan). KUKA AG (Germany), Seiko Epson Corporation (Japan), Yaskawa Electric Corporation (Japan), Staubli International Corporation (Switzerland), Mayekawa Mfg. Co., Ltd. (Japan), Universal Robots A/S (Denmark), and Bastian Solutions Inc. (U.S.)
The North America region accounted for the largest share of the market in 2019, owing to the food safety regulations and the increasing labor costs in the region. The regulatory measures initiated by FDA regarding food safety in the American market is expected to drive the demand for the automated systems. The increasing labor costs in the food industry are driving the market towards the adoption of automated systems in the region.
APAC is expected to be the fastest-growing market over the forecast period. The increasing disposable income is increasing the demand for packaged and processed food in the emerging economies and thus, further influencing the adoption of automation technologies to enhance the food production capabilities. Yaskawa Electric Corporation opened a new production facility in Slovenia on April 2019. The company had already started European production of its Motoman robots by the end of 2018. The investment volume for the current project is about 25 million euros. The new plant supplements the existing production facilities in Japan and China and will satisfy about 80% of the European demand for Motoman robots. With the new worldwide third production facility for Motoman industrial robots, Yaskawa is reacting to the sharp rise in demand from this important region. This will lead to shortened supply chains and delivery times, thus enabling Yaskawa to react faster to regional market requirements and customers shifting demand.
COVID-19 IMPACT ANALYSIS:
Across the world, robots are being used to decrease the spread of COVID-19, the disease caused by the unique coronavirus, by taking on cleaning and food preparation jobs that are considered dangerous for humans. The virus has disrupted travel worldwide, leading to flight cancellations, quarantines, and other breakdowns in movement and supply chains. Due to these interruptions, food delivery service Ele.me employed food robots to deliver meals to isolated individuals held in a hotel who was suspected of possessing the virus. While many of these companies have tested or already launched robot delivery on a small scale, the demand generated by the coronavirus made them scale up their robotic services. Robots were also employed in kitchens to cook food and to serve food at restaurants.
Segments covered in the report:
For the purpose of this study, Reports and Data have segmented Food robotics market on the application, type and region:
On the basis of type, the food robotics market has been segmented as follows:
On the basis of payload, the food robotics market has been segmented as follows:
On the basis of application, the food robotics market has been segmented as follows:
On the basis of end-user industry, the food robotics market has been segmented as follows:
Regional Outlook (Revenue, USD Million; 2020-2027)
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Further key findings from the report suggest
Key insights presented in the report:
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Explore Reports and Data’s Prime Analysis of the global Foods & Beverage:
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-food-robotics-market
The post Food Robotics Market Production, Demand, Supply, Cost Structure, Manufacturers, Shares, Forecast 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global Food Robotics market was valued at USD 1,463.7 Million in 2019 and is expected to reach USD 3,441.9 Million by the year 2027, at a CAGR of 11.5%. In the modern competitive business, the role of robots is becoming significant for industrial applications. The important factor for using robots in the industry aims at reducing human inference and to increase the productivity. The shortage of manpower led the global industry to use more robots and it enhanced the annual growth rate of robots globally. Robotic research have expanded the domestic industry, promoted the technological standard and the development of the small and medium manufacturers. The robot transformation in service sector has significantly increased business productivity and customer experience.
When looking into the food industry, the robots serve for much purpose, mainly in production systems for material handling and packaging operations. The evolution of robotic applications in food industry evolved and the growth was not effective due to high technology related costs. After realizing the consistency of robotic jobs, with improved efficiency and reduced workspace, food industry expanded the use of robots for various applications which resulted in high productivity. Based on the industry, robots can be divided into categories- Industrial, service and military robots, agricultural, mobile and telerobots.
To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2831
Some of the key market players are Mitsubishi Electric Corporation (Japan), ABB Group (Switzerland), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Incorporated (U.S.), and FANUC Corporation (Japan). KUKA AG (Germany), Seiko Epson Corporation (Japan), Yaskawa Electric Corporation (Japan), Staubli International Corporation (Switzerland), Mayekawa Mfg. Co., Ltd. (Japan), Universal Robots A/S (Denmark), and Bastian Solutions Inc. (U.S.)
The North America region accounted for the largest share of the market in 2019, owing to the food safety regulations and the increasing labor costs in the region. The regulatory measures initiated by FDA regarding food safety in the American market is expected to drive the demand for the automated systems. The increasing labor costs in the food industry are driving the market towards the adoption of automated systems in the region.
APAC is expected to be the fastest-growing market over the forecast period. The increasing disposable income is increasing the demand for packaged and processed food in the emerging economies and thus, further influencing the adoption of automation technologies to enhance the food production capabilities. Yaskawa Electric Corporation opened a new production facility in Slovenia on April 2019. The company had already started European production of its Motoman robots by the end of 2018. The investment volume for the current project is about 25 million euros. The new plant supplements the existing production facilities in Japan and China and will satisfy about 80% of the European demand for Motoman robots. With the new worldwide third production facility for Motoman industrial robots, Yaskawa is reacting to the sharp rise in demand from this important region. This will lead to shortened supply chains and delivery times, thus enabling Yaskawa to react faster to regional market requirements and customers shifting demand.
COVID-19 IMPACT ANALYSIS:
Across the world, robots are being used to decrease the spread of COVID-19, the disease caused by the unique coronavirus, by taking on cleaning and food preparation jobs that are considered dangerous for humans. The virus has disrupted travel worldwide, leading to flight cancellations, quarantines, and other breakdowns in movement and supply chains. Due to these interruptions, food delivery service Ele.me employed food robots to deliver meals to isolated individuals held in a hotel who was suspected of possessing the virus. While many of these companies have tested or already launched robot delivery on a small scale, the demand generated by the coronavirus made them scale up their robotic services. Robots were also employed in kitchens to cook food and to serve food at restaurants.
Segments covered in the report:
For the purpose of this study, Reports and Data have segmented Food robotics market on the application, type and region:
On the basis of type, the food robotics market has been segmented as follows:
On the basis of payload, the food robotics market has been segmented as follows:
On the basis of application, the food robotics market has been segmented as follows:
On the basis of end-user industry, the food robotics market has been segmented as follows:
Regional Outlook (Revenue, USD Million; 2020-2027)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2831
Further key findings from the report suggest
Key insights presented in the report:
Request for customization of the report @ https://www.reportsanddata.com/request-customization-form/2831
Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.
Explore Reports and Data’s Prime Analysis of the global Foods & Beverage:
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-food-robotics-market
The post Food Robotics Market Production, Demand, Supply, Cost Structure, Manufacturers, Shares, Forecast 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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